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This altcoin's recent performance is indeed quite interesting. It surged fiercely when going up, and when it dropped, it was equally ruthless, with volatility being quite intense.
What's interesting is the change in the capital flow. Yesterday at this time, smart money and whales were clearly leaning bullish, with the long-short strength ratio around three to four times. Such a disparity usually indicates that large funds are optimistic about the future. But now the situation has reversed—the strength of the bulls and bears has become even, and neither side can dominate the other.
For these air coins without substantial news support, this shift is worth being cautious about. When large funds switch from bullish to cautious, or even start balancing long and short positions, it often signals a change in market sentiment. Simply put, without fundamental support, once smart money withdraws, there may be no one left to take the other side. The risk is significant.